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The Bankers Investment Trust (LON:BNKR) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

The Bankers Investment Trust logo with Financial Services background
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The Bankers Investment Trust PLC (LON:BNKR - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 116.29 ($1.50) and traded as low as GBX 113.60 ($1.47). The Bankers Investment Trust shares last traded at GBX 114.47 ($1.48), with a volume of 15,413,216 shares changing hands.

The Bankers Investment Trust Trading Down 1.2 %

The company has a quick ratio of 8.27, a current ratio of 45.31 and a debt-to-equity ratio of 8.63. The stock has a market capitalization of £1.24 billion, a price-to-earnings ratio of 5.67 and a beta of 0.60. The company's 50-day moving average is GBX 120.24 and its 200-day moving average is GBX 116.34.

The Bankers Investment Trust (LON:BNKR - Get Free Report) last released its quarterly earnings results on Thursday, January 16th. The bank reported GBX 2.63 ($0.03) EPS for the quarter. The Bankers Investment Trust had a net margin of 94.23% and a return on equity of 15.93%.

The Bankers Investment Trust Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, March 20th. This is a boost from The Bankers Investment Trust's previous dividend of $0.69. This represents a dividend yield of 1.31%. The Bankers Investment Trust's dividend payout ratio is currently 15.20%.

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Insider Buying and Selling

In other news, insider Ankush Nandra bought 10,000 shares of the business's stock in a transaction on Monday, March 10th. The shares were bought at an average price of GBX 116 ($1.50) per share, with a total value of £11,600 ($14,998.71). Corporate insiders own 3.24% of the company's stock.

The Bankers Investment Trust Company Profile

(Get Free Report)

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI'), by investing in companies listed throughout the world.

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